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>> reporter: the australian mining tycoon revealed plans for titanic 2, the route, the fashion, the menus will all be the same on 2016's maiden voyage from southhampton to new york. the famed granddaughter, a titanic survivor sees it as a great tribute. >> you have guggenheim in the smoking room saying we're dressed in our finest and will go down as gentlemen. that way of thinking is gone. and i think that is one of the things that this is going to bring back, is o-- and maybe jut for five days. >> reporter: the vessel sank in 1912 after hitting an iceberg. more than 1500 people died because there were not enough life boats. the looks will be mostly the same. the four smoke stacks, the grand
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stair case, and turkish baths. but there are differences, engines powered by diesel instead of coal. a helicopter pad, and a higher bridge to see over the bow. and of course, enough life boats for everybody. just don't call it unsinkable. >> anything will sink if you put a hole in it. >> reporter: the people with superstition may second-guess titanic 2, but history buffs will see it as a chance to go back in time. others have expressed interests in buying tickets, some even offering to pay a million. but according the company, the prices have not been set yet. at the titanic memorial in washington, cnn. those life boats are key. i'm alina cho, at the cnn headquarters in atlanta.
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"the situation room" with wolf blitzer starts now. his life was ripped apart by the newtown connecticut massacre, now a grieving father makes a plea. also, a wave of deadly violence, and new political upheaval in iraq. i'll talk to cnn's arwa damon who is back, we want to welcome our viewers from the united states and around the world. i'm wolf blitzer, you're in "the situation room". all that and more coming up but first let's check in with the cnn center in atlanta for the latest headlines. >> all right, well, thank you, i'm alina cho, at the cnn
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headquarters in atlanta. the cuts once considered too painful to consider are now the law of the land. president obama and congressional republicans could not reach a compromise to avoid the $85 billion in automatic cuts. they will not happen all at once, but instead they will come over time. they are pointing fingers at each other over their failure to reach a deal. >> probably would be a lot better ways to reduce that spending than by the formula approach of the sequester. but we don't intend to spend a penny less as promised to the american people. >> these cuts are not smart, they will hurt our economy and cost us jobs. and congress can turn them off at any time as soon as both sides are willing to compromise. >> the cuts will hit different agencies in different ways. and there has been some confusion over how they will
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take effect. one good example is this, the faa held a conference to back away earlier this week, that 160 air traffic controller towers around the country would have to close on april one. others listening in were told the initial announcements of the cuts had not been authorized. i'm alina cho, i'll see you back here in one hour's time. now back to wolf blitzer. thank you, let's go in depth on the forced budget cuts, our chief political analyst, gloria borger. they were not supposed to happen. what happened? >> this was supposed to be the sort of damacles, something they would never allow to come down. and now if you look where we are, suddenly both people on both sides of the aisle are saying this is something we
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could live with. they couldn't live with default ing on the debt. they couldn't live with raising taxes on the middle class, on the fiscal crisis, suddenly, democrats are saying we cut at the pentagon, republicans are saying not the right way to do it. but suddenly we can do it. the president of the united states came out -- on friday, and said you know what? this is a choice the republicans are making. and the republicans came out and said this is "the president's sequester." so blame game going on. but privately -- i think they can live with it. >> we shouldn't be too surprised. he met on friday with the republican leaders in the house and senate. and went in the white house briefing room and said this. >> we just need republicans in congress to catch up with their own party and the country on this. and if they did so we could make a lot of progress.
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i do know that there are republicans in congress who privately, at least, say that they would rather close tax loopholes than let these cuts go through. i know that there are democrats who would rather do smart entitlement reform than let these cuts go through. so there is a caucus of common sense up on capitol hill. it is just a silent group right now. >> i think he has got a good point. there is probably a caucus of common sense, but they're politically fearful, a lot of these guys, of speaking up. >> we are living through an historic erosion of our capacity to solve problems as a country. you think about all the different mechanisms that are being used to force these sides to come together and make a deal. whether it was the debt ceiling or the fiscal cliff or whether it was the sequester or even the election of 2012, but send back a democratic and republican congress, and yet still neither side can get across the lines to
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do what polls show the public would support, some broad additional revenue. >> and by the way, they support it. the president says -- >> well, the republicans don't support further revenue, no net revenue. >> no, the republicans say they would support closing tax loopholes. >> only to cut rates. >> if it is in the context of lowering rates. so wait a minute, they both support closing loopholes in different context, they both support some kind of entitlement reform. what they can't figure out is how to get over this bump, right? how to get over this o-- forced spending cut issue. but in some grand bargain idea, which of course don't forget, the president and the speaker once almost got to, they first have to get to this. speaker boehner has to deal with the republican congress. >> the big deal is the republicans won't include further revenue. and that, i think is a product in part of the decision the president -- the way the negotiations have folded on the
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fiscal cliff where they took a deal that extended 82% of the bush tax cuts. more than they believed they -- you know would be required to fund, the government going forward. so now you're in a position of having to ask republicans to raise a second time, which is not easier the second time. >> as one said to me, we already gave at the office, we're not going to do it again. >> although lindsey graham, i interviewed him earlier this week. he is part of what they call that caucus of common sense, at least on this issue he made it clear he is ready to work out a big picture deal. let me play this little clip. >> i think the only way out is a big deal. republicans are not going to raise revenue to pay for sequestration. and i don't believe we can really do -- >> you mean raise taxes? >> yeah, eliminating deductions and loopholes, count me in for that but put the money on the debt. >> right, that is the framework of a deal that is out there. further revenue coupled with entitlement reform.
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the reality is what lindsey graham is saying, republicans can't get what they prized most, the entitlement reform that will slow the growth of government without president obama's signature for the next four years. and the only way to get that is by tying it to revenue. and if you think about the president's long-term goals here, accelerating economic growth delivers better outcomes for the key initiatives is critical. and all of these constant land mine explosions are serving nobody. >> and right now the president has the upper hand, wolf. his favorability is 49%'s republican favorability, 29%. but in the long-term, if they can't get past this, if they can't avert the shutting down of the government at the end of march, it is going to hurt all of them. and that is why we heard, the president at his press conference sort of point out you know what? we have got other things we want to do. we have got -- we passed the
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violence against women act. we're going to do immigration reform. he understands that his legacy is also at play in all of these continuing fiscal crises. >> we have to wrap up the discussion, with a quote in the issue of "the national journal." he writes the two sides are past the point of confrontation. that would give either level to achieve the goals. the fight is now feeding on itself. >> yes, winning battles and losing the war on both sides at this point. >> third party? >> up next, i speak with michael bloomberg, the mayor of new york. we'll talk about the impact of the cuts on his city. why did the new york city mayor spend millions of dollars on an illinois house race? yo, give it up, dude! up high! ok. don't you have any usefull apps on that thing?
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try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. gun restrictions are certainly on the front burner on capitol hill right now. at a hearing, the father of one of the children killed in last december's school massacre in newtown, connecticut, pled with lawmakers to ban the sale of automatic weapons. >> jesse gave me a hug and a kiss at that time. said good-bye, i love you. stopped, he said i love mom,
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too. that was the last i saw of jesse as he ducked around the corner. prior to that when he was getting out of the truck, he hugged me and held me. that, i can still feel. that hug, and the pat on the back. he said everything is going to be okay, dad. it is all going to be okay. and it was not okay. i have to go home at night to an empty house. without my son. something that should have never happened at an elementary school. people argue about the second amendment, well, the second amendment says well-regulated militia, to bear arms.
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safe, freedom of state. it has not been well-regulated. >> well, what a powerful statement. the new york city mayor michael bloomberg is taking an active role in the gun care fight. very active. he spent millions to help a congressional candidate who won her primary race in illinois this past week. the mayor and i spoke about that and more when we met on capitol hill. >> why did you decide to come to washington? >> well, yesterday in illinois, the public had a chance to learn all the facts about who stood for what in terms of enforcing gun laws that are on the books. and keeping people safe. and they spoke. and the results were exactly what the polls had said they would be. 90% of the people in this country want responsible gun laws. and i'm down here to try to
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explain to others that this is a great victory for the public. it is a great victory for our kids who have been getting murdered in the streets. and they have been getting murdered in the streets in urban as well as rural as well as suburban areas. >> and you were willing to put your money where your mouth is? >> well, the nra has had the field to itself of talking about guns. and it is time for a balanced approach so the public can get the information, and then let the public decide. >> that win in chicago, did it underscore that in order to fight the nra you really have to come up with a lot of money. is that the lesson you learned? >> no, but i think it is a harbinger of what is happening here, you don't have to put the money into the race. it is the people that show up at the polls. >> money doesn't hurt. >> well, it does take something to get information out. media costs money. cnn charges for -- >> for advertising. >> but it is o-- this is reallya
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chance for the public to just get the facts. >> so your message to the nra right now is? >> well, i don't have a message for the nra. i have a message for people that if they want to be heard, if they want to make this country safer for themselves and their kids, you got to go to the polls. and you have got to express yourself. and vote for people who want sensible gun rules. sensible interpretation of the second amendment, protect the second amendment, but also make sure people who have substance abuse problems or criminals, don't get their hands on the guns. it is particularly poignant, in the country, as many in the rural or urban areas are killed. more tragic, 19,000 suicides with handguns.
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every parent's nightmare, we have to make it harder to get guns. in new york, our suicide rate is half the national average. if you make it somewhat harder to get guns, people don't kill themselves. >> but you're willing to put in can we say tens of millions, hundreds of millions? >> you know the most important thing here is making people understand. they will, from watching your program, and you explaining what happened in illinois, and the fact that the people have spoken. have spoken, i think that will have as much impact as anybody else will have. >> i have been watching congress for a long time. i think you and your side have an excellent chance to expand the background checks. maybe a chance on the magazines. not much of a chance on assault weapons, then. >> well -- >> here is the question, are you ready to see all of these individual components split up into separate pieces of legislation? or is it all in one big package?
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>> well, i would be in favor of all of those things. there are a number of military people that talk about assault weapons saying these are instruments of war. they don't belong on our streets and certainly don't keep you safe. if anything, they increase the danger, they get into the wrong hands and you will be the victim. same thing with the high-capacity magazines. you don't need them for sport or hunting. what we need to do is pass these. and if they can be done as one package or be done individually, as long as they get done, i think the country will be a lot better off. >> have you decided what you're going to do after you leave office? >> 307 days from now, i have not. >> who is counting? >> we have a big count-down clock where it says make every day count. yeah, my first concern is to get people jobs who have been loyal and that sort of thing. and then i'll worry about it. >> you have an endorsement -- >> not yet, no. >> do you think you will?
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>> we'll see. >> is it possible? >> yeah, it is possible. >> hard to believe, but this some month marks ten years since the invasion of iraq. could it actually be worse now than it was before? what is going on in baghdad? and iraq right now. arwa damon is on scene. hey. they're coming. yeah. british. later. sorry. ok...four words... scarecrow in the wind... a baboon... monkey? hot stew saturday!? ronny: hey jimmy, how happy are folks who save hundreds of dollars switching to geico? jimmy: happier than paul revere with a cell phone. ronny: why not? anncr: get happy. get geico. fifteen minutes could save you fifteen percent or more. picasso painted one of his master works at 56. doris taerbaum finished her first marathon at 50. not everyone peaks in their twenties. throughout their lives.
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there is no sugar coating the situation, iraq right now is a mess. the string of roadside bombs, protests daily against the shiite-led government. i spoke to somebody who has reported from iraq for years and years, she was there ten years ago when the u.s. went in and removed saddam hussein.
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our senior international correspondent, arwa damon. i know you just came back, you spent what? about a month in iraq preparing for some reports to be released next month, the tenth anniversary of the u.s. invasion, the removal of saddam hussein, i was in kuwait getting ready for that. you were there, as well, among the first reporters in baghdad. i'm very worried about what is going on in iraq right now, the regime of -- there are tensions between the shiite government and the kurds in the north. they basically want their own independent enclave. how bad is the situation? >> it is devastating, wolf, very depressing when one looks at all that has been sacrificed in iraq over the last ten years. and you have been saying, i have been going there regularly.
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and i can say that during this last trip, even the iraqis who used to be hopeful throughout all of it, throughout the worst of the violence are now telling me they have lost hope. that they are ready to turn their back on the country at this point, because of all the various factors and realities that you just mentioned. we now have a nation that looks more towards iran than it does towards the west. we have a nation now allowing them to cross the border, turning a blind eye from the weapons moving from the syrian battlefield. the tensions are threatening to boil over. the iraqi prime minister is compared to a shiite version of saddam hussein. you have a government that in its essence, in its very formation is so fundamentally flawed, built upon blocks that have nothing to do with nationalism that have nothing to do with building a nation, that
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continue to stop the country from being able to move forward. iraq has managed to significantly increase its oil production, the oil revenue. but none of that is cycling back into the population, things like basic services, power, it is still only being provided for around two to six hours a day. and the iraqi population, wolf, having been through everything that they went through, having survived the violence now feel as if they emerged from this era of fierce death and destruction. but they look around themselves and they don't really see a nation that they can truly recognize. many of them say that they feel lost within their own country. so iraq's future is most certainly not stable or secure at this moment. and right now we're also hearing from the prime minister himself, from other senior members within the iraqi government, they're incredibly concerned about what is going to happen to iraq should the assad regime fall. they're very worried about violence significantly spilling
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over there. they're also very worried, a very realistic likelihood that the sectarian violence could erupt. >> this is a heartbreaking story. ten years ago there were such great expectations. the u.s. went in with hundreds of thousands of troops, lost 4500 u.s. men and women. tens of thousands came home severely injured or crippled or burned with post-traumatic stress disorder. and millions were spent, and what emerges from all of this is obviously a disaster unfolding right now. we'll have a lot more on this story in iraq. we have not really made a lot of attention to it since the u.s. pulled out all the military forces. but it is a real disaster unfolding right now, and arwa will join us, thank you very much, arwa, for that report. and when we come back, odd photos of a real odd couple.
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north korea's kim jong-un and basketball star, dennis rodman. next. [ male announcer ] count the number of buttons in your car. now count the number of buttons on your tablet. isn't it time the automobile advanced? introducing cue in the all-new cadillac xts. the simplicity of a tablet has come to your car. ♪ the all-new cadillac xts has arrived. and it's bringing the future forward. a regular guy with an irregular heartbeat.
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in the history of the international diplomacy, these have to be some of the strangest pictures ever. take a look. the north korean leader, kim jong-un, and the former nba superstar, dennis rodman, sharing laughs at a basketball game in pyongyang. that makes him the first
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american to meet the reclusive north korean leader. cnn has more on the pictures and what is going on. >> reporter: these two give new meaning to the odd couple. basketball favorite dennis rodman, and north korean dictator, kim jong-un, chumming it up courtside. rodman has said that he has a new friend for life. this is part of the new hbo film. >> this is the absurdity of the modern condition, if anything shows it, it is this. >> reporter: shane smith sent rodman and the globetrotters there for a game. state media showed them touring. it was not certain they would have a meeting with the leader. they not only met with him, but defined with him at the palace. once at the palace, the theme
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from the show "dallas," was said to be constantly playing in the background. the bizarre meeting comes just weeks after north korea announced they had conducted a new missile test. the negotiator said while the meeting is surprising, kim jong-un has done a lot of unpredictable things since taking over. >> well, i think the north koreans try to use opportunities like this to congratulate themselves on their accomplishments, as they see them. as well as congratulate this new leadership and try to make him legitimate on the world stage. so yes, it is a poke in the eye of the administration, because outside the world, the basketball diplomacy, things are moving in another direction. >> reporter: while north korea has no love for the u.s., it does have a soft spot for basketball and the chicago bulls. the former secretary of state
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albright gave a basketball signed as part of her negotiations. since rodman played for the bulls and seems up for anything, it seemed likely. >> if we can have dialogue, it is always better to talk than fight. that is what we hope comes out for this. >> reporter: the film crew was said to have invited kim jong-un to the united states, which was apparently met with laughter. in case you're wondering about the game that had mixed teammates, koreans and americans, the final game was tied. the show is slated to air on cnn, owned by time warner, mary snow, cnn, new york. and joining us all with this information, shane smith, thank you very much for coming in. i assume like me, you were amazed by what is going on right now? >> i am -- it is beyond -- words, really. i mean, i have been there twice.
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i know you have been there, as well. and it is one of the hardest countries to get into, especially as a journalist. and so as my second time i realized that basketball was the sort of only american pasttime or cultural pursuit that is acceptable, in north korea. so we put together the idea along with our producer, to go over there with dennis and the harlem globetrotters, to have this sort of diplomacy, if you will. >> and the new york philharmonic was invited to go over, they are very different than the globetrotters, but tell us about the initiative, how did it came about? >> it came about when i went to the -- the hall of treasures, which is deep down in the
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mountain. all the treasures that people have given. there was the famous basketball that was actually given to kim jong-il, that was given to him, signed by michael jordan. so since then, basketball and the bulls, in particular, have become sort of you know, i wouldn't say heroes, but you know, very, very -- respected within north korea. so we came back and we thought hey, you know, why don't we put together a team. go over there, play some basketball. you know, work with the kids. and you know, see what comes up. we thought that kim jong-un would come to the game. but we were not sure. then he showed up to the game. had a blast. was hanging out with dennis rodman and they were enjoying it. and then invited the whole crew, the vice crew and the
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globetrotters and dennis back to his palace for a big bang and a hang and lots of speeches, and apparently it went great. >> you know, that is really amazing, we show you pictures of dennis and the harlem globetrotters. i'll give them a shout out, moose weeks and buckets blakes, they are all there right now. by the way, that interpreter that you see there, that minder, when i was there, he was the same guy. very nice guy. what are you hearing from them? have you been in communication with them? are they allowed to send e-mails? have you been in direct touch? >> i have been, quite a change, used to be when you went in you couldn't take computers or phones, for sure. you couldn't tweet or send e-mails. but i talked to ryan, our credibili correspondent this morning, he told me about his speech where he invited kim jong-un and the delegation to come to america
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and see how relive. dennis made a very heartfelt speech, there was a lot of laughter and clapping. now, what ryan said to me was dennis had told him, so i can't really confirm it until i talk to dennis, that he wished that this would bring north korean and american relations closer or in a better way. so for us, we just couldn't believe that. so i mean, hopefully, obviously, look, there is a lot of problems. you have been there, you understand it is as diametrically opposed, to america. but if you go there and play some basketball. who doesn't love the harlem glo globetrotters, they put a smile on everybody's face. >> yes, they certainly do. for many who remember the u.s.-china relations, that was a bridge. so maybe this will do something.
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did you get clearance, did you ask the state department or the obama administration for a green light before you went? >> no, we did not. you know, we put it together ourselves. i had had some contacts from my trips over there. they then sent it here to the united nations. a delegation, and their team here, we worked a lot with them, they came up to our offices. we ran through the whole program with them. and -- and you know, we actually didn't really know, you know, if we were all going to get in until we got to beijing. so it was sort of a last-minute thing, not last minute, but we didn't really know until the last minute. >> and we all remember, dennis rodman played basketball, for the harlem globetrotters, only one thing that would have topped this. that would have been if michael jordan himself would have gone. that would have blown out the
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entire place over there, i can assure you, don't you agree? >> 100%, 100%, i mean, michael jordan is a god, the greatest player that ever played the game. he is a huge god in north korea. and michael if you're watching this, basketball diplomacy, get over there, we need your help. >> it would have been amazing if he goes -- let me just point out. i'm happy to go with him. i would like to meet kim jong-un, as well. so many people have gone over there. is it fair to say this picture, when i was there with bill richardson, the former united states ambassador to the united nations. we were there for six days. more recently, richardson was back with the head of google. they met with top officials, but certainly not kim jong-un. you said there was no guarantee of the meeting. but you assumed it would take place and they would watch a little basketball together. >> we didn't assume, we hoped it would take place. we thought that because we knew of his love of basketball, and
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his love of the chicago bulls, much like his father, that he would come out. and he did. and enjoyed the game. and then you know, much to our surprise in reality, asked everybody back to his house. and they had supper and a lot of talks. and so you know, we're waiting to get the footage back with baited breath. >> we would love to speak to dennis and those guys, either from there to beijing, they have to fly from pyongyang, to beijing. would you let them know as soon as they have phone contact we would like to get them here in "the situation room," and get first contact eyewitness accounts? >> we certainly will, and we'll get ryan duffy, our correspondent, i am sure they have crazy stories to tell. >> i am sure they do, and the viewers around the show, our
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show, cnn international, i was there there at the hotel. they may be getting international right there, with the show. next couple of days we'll be talking with them. appreciate it. >> thank you, wolf. an historic moment for civil rights, rosa park's statue is unveiled on capitol hill. and coming up, my interview with somebody who knew her quite well, the reverend jesse jackson, opening up about that and much more. question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache.
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. from the back of the bus in the 1950s, all the way to a permanent spot on capitol hill. democrats and republicans alike joined this week to honor rosa
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parks as her statue was unveiled. and it was an extraordinary moment in the civil rights movement. i spoke about it with the civil rights movement activist, jesse jackson. >> a lot of people don't know it was your son who introduced the legislation to create the statue that today was unveiled. we have a picture showing the viewers. there he is, standing behind president bush. he signed the legislation into law. >> he was able to get both the rosa parks statue and a standing statue, the standing statue with her facing jefferson davis, the head of the confederacy, so she was on the right standing there. he was very steep in history, that was a problem, as well. >> how sad are you as a result as to what is happening? he is pleading guilty. he is about to go to jail.
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>> well, that could be the case. it is searzero to five. a painful moment, a sad chapter, perhaps not the last chapter. he is quite contrite, did not lean on his disability. the bipolar disability. he said i face the consequences of my situation. fighting with dignity, that is maybe why i love him so much, and very proud of him. >> you're still very proud of him. i'm going to play a clip, this is the u.s. attorney in chicago who prosecuted the case. but as you know, your son let a lot of people down. >> those contributors were people of modest means, senior citizens on fixed income. all the workers, teachers, plumbers. they donated their hard-earned money so that he could through his political movement, somehow better their lives. he betrayed their trust.
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he spent their money that was designed or intended to be used to further his elections, on items of excess. >> you hear that powerful -- sound bite? >> he said he let them down. that was his contrition to his supporters. i don't feel any need to try to coun counter the argument. because that is the legal domain, there will be a hearing the 24th. sacrifice it to say i'm his father. and his health, he is still battling with bipolar disorder. he is spending time on his medical regimen, and helping people with bipolar disorder. so even as he comes unto himself, he is still achieving and what he achieves beyond this moment, i still embrace him very much. >> so you think if he goes to jail and comes out of jail, he has another chapter?
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>> he is 47 years old, he has more work to do? >> do you think it is because of the bipolar incident? >> i am reluctant to make the argument, i could make the case for somebody else. this case now goes to the federal judge, and the judge must make the determination, there are people writing letters all over the nation from things he has done for them. a woman came up to me, a few days ago, a united airlines worker. from the back of the car she wrote thank you congressman jackson, you helped save my house, thank you. somebody else said i was in a house where we didn't have drinkable water, we couldn't wash our clothes, you got us a water tank. so thank you. these kind of letters have an impact on the character of jesse jr. as it unfolds. so i'll let that case rest and just be his loving father. >> it is now up to one judge to determine if he goes to jail and how much time --
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>> the judge will have to weigh what the prosecutor's arguments is, and the lawyer's arguments, they will make a decision. >> what about your daughter in law? >> well, likewise, they both pled guilty and a sense of sorrow, but they will keep working and serving the people. i appreciate that about them. >> the other thing i want to raise, the violence, the killinger the slaughter in chicago. your hometown. a lot more americans have been killed in chicago this past year than were killed in afghanistan. >> well, to be sure, there are no gun shops in chicago. but the guns are made in the suburbs and rock island. so we have no capacity to stop the gun. if you were in iraq, a general, you knew where the guns were manufactured and sold. you would stop the trail. we can't stop the flow of guns coming in.
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>> do you have confidence in mayor rahm emanuel? >> i think he does a limited job. he can't stop the guns coming in, can't stop banks from foreclosure on the poverty. when they come in, saying let's stop the killing and fight gun laws, unless you look at it comprehensively, you can't, in fact, deal with it. this is a several legged stool. this is guns end, drugs end, homes foreclosed, poverty, unemployment. that equals the need for some type of plan for economic reconstruction. we need a kind of economic reconstruction. the development bank to lift people out of the pain of recycling their fears. >> reverend jackson, an emotional day for you, thank you for joining us. >> thank you, sir. and coming up, a high tech company has a new low-tech tech
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surprising decision from yahoo that is just ahead. [ male announcer ] when you wear dentures you may not know
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>> tech companies have been trend setters when it comes to allowing employees to telecommute and now yahoo is saying no more working from home. >> marissa mayer said she has to ruthlessly prioritize, she who famously returned to work two weeks after giving birth is shaking up the debate overwork-life balance issues. in the article, yahoo's human
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resource direct outlines a new policy. no more working from home. collaboration is important, so we need to be working side-by-side. that is why it's critical that we are all present in our offices. workers currently tele commuting have until june to get in the office or leave. yahoo's policy was ripped by some. the ceo of virgin said that the decision seems backwards when a time that working from home is easier and more effective than ever. adding, yours truly has never worked out of an office and never will. and the huffington post sees it as a direct dig against working parents. and ceo of marketing company laddering said he lets his employees work from home and he logs time away from the office. >> i'm always more efficient working from home, working from home or a third location.
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i do a lot of writing, if you work in a coffee shop, you get more inspiration. >> she is bucking the trend. 9.5% of workers worked at home in 2010. that is up 7% from 1997. her decision does not come out of the blue. she gcomes from google who like face to face time and she is in the middle of a turn around for yahoo. we reached out to yahoo and the company declined to comment. they did talk to yahoo employees and not all of them are upset. >> peopler not using their best judgment necessarily with working from home versus working at the office to the point that some of the colleague ds not know they worked for yahoo. >> it's surprising because it's coming from yahoo. tech companies have traditionally been trail blazers when it comes to telecommuting. cisco, 90% workers work from home at least one day a week.
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